logo

Ask Questions, Get Answers

 
X
 Search
Want to ask us a question? Click here
Browse Questions
Ad
Home  >>  ISC XII Math  >>  Model Papers
0 votes

A propeller costs Rs. 1,80,000 and its effective life is estimated to be 10 years.A sinking fund is created for replacing the propeller by a new model at the end of its life time,when its scrap realizes a sum of Rs. 34,000 only.The price of the new model is estimated to be 30% more than the price of the present one.What amount should be put into the sinking fund at the end of each year,if it accumulates at 4% per annum compound interest?(Take $(1.04)^{10}=1.480$).

This question has multiple parts. Therefore each part has been answered as a separate question on Clay6.com
Can you answer this question?
 
 

Please log in or register to answer this question.

Related questions

Ask Question
student study plans
x
JEE MAIN, CBSE, NEET Mobile and Tablet App
The ultimate mobile app to help you crack your examinations
Get the Android App
...